Denmark to join EU banking union by 2019, decision on participation are yet to be decided.

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Denmark to join EU banking union by 2019
Image: Denmark in world map Copyright: Operation World

Denmark is yet to make the final decision on joining the European Union banking by the year of 2019.

Denmark to join EU banking union by 2019
Image: Denmark in world map
Copyright: Operation World

The review will need to be completed by Autumn 2019, Denmark Ministry of Industry, Financial and Business Affairs said on this week.

 

Minister Mikkelsen said in a statement, “The EU banking union has greatly in function for a number of years and we will be conducting an assessment the experiences and the way the banking supervision and mortgage credit are carried out.”

Denmark named the Kingdom of Denmark officially, is a Scandinavian country; an EU country but not part of the Euro Zone.